Airbus (OTCMKTS:EADSY) Downgraded by Erste Group Bank to “Hold”

Erste Group Bank cut shares of Airbus (OTCMKTS:EADSY) from a strong-buy rating to a hold rating in a report published on Thursday,Zacks.com reports.

Several other brokerages have also recently issued reports on EADSY. Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a research note on Friday, February 20th. Rothschild & Co Redburn downgraded shares of Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, Citigroup upgraded Airbus from a “neutral” rating to a “buy” rating in a research note on Thursday. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Airbus currently has an average rating of “Hold”.

Airbus Trading Down 0.7%

Shares of EADSY stock opened at $50.86 on Thursday. Airbus has a twelve month low of $36.28 and a twelve month high of $64.35. The stock has a market cap of $160.50 billion, a price-to-earnings ratio of 26.91, a PEG ratio of 1.33 and a beta of 1.05. The company’s 50-day moving average price is $58.02 and its 200-day moving average price is $57.69. The company has a current ratio of 1.15, a quick ratio of 0.43 and a debt-to-equity ratio of 0.59.

Airbus (OTCMKTS:EADSY) last posted its earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.07. The company had revenue of $30.25 billion for the quarter, compared to analyst estimates of $33.55 billion. Airbus had a net margin of 7.15% and a return on equity of 23.20%. As a group, equities analysts predict that Airbus will post 1.74 earnings per share for the current year.

Airbus Company Profile

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.